Ireland Launches New Standards for Cash-in-Transit Security

Feb. 23, 2007
Code I.S.998:2006 designed to specify best practices for private security cash-transit businesses

The National Standards Authority of Ireland's (NSAI) has launched a new set of standards for the cash in transit industry to provide a safe, secure and efficient cash handling environment throughout Ireland.

The new code, I.S.998:2006, was developed by a working group which was formed following representations from the Private Security Authority, to provide a specification underwriting best practice that could be used as a basis for licensing under the Private Security Services Act 2004.

The Cash-in-Transit Services Standard is a comprehensive document outlining security specifications, protocols, management, staffing, training, health and safety, operational procedures, records and reports. It includes a formal screening of all employees, which will prevent criminals from obtaining access to sensitive information on cash in transit, the Minister of State at the Department of Justice, Equality and Law Reform, Brian Lenihan, said.